115
115
Jan 10, 2013
01/13
by
CNBC
tv
eye 115
favorite 0
quote 0
few embody that ideal better than tim geithner. that's why when tim was thinking about leaving a couple of years ago, i had to personally get on my knees with carol, to help convince limb it stay on a little bit longer. and i could not be more grateful to carol and the entire geithner family for allowing him to make the sacrifices that so many of our cabinet members ask of their families. in serving the country. the fact is, while a lot of work remains, especially to rebuild a strong middle class and offer working folks new pathways to rise into the middle class, our economy is better positioned for tomorrow than most of those other countries hit by the financial crisis. the tough decisions tim made and carried out deserve a lot of credit for that. so i understand that tim is ready for a break. obviously we're sad to see him go. but i cannot think of a better person to continue tim's work at treasury than jack lew. this is bitter sweet, not only because tim is leaving. but also because jack's been my chief of staff for the last yea
few embody that ideal better than tim geithner. that's why when tim was thinking about leaving a couple of years ago, i had to personally get on my knees with carol, to help convince limb it stay on a little bit longer. and i could not be more grateful to carol and the entire geithner family for allowing him to make the sacrifices that so many of our cabinet members ask of their families. in serving the country. the fact is, while a lot of work remains, especially to rebuild a strong middle...
228
228
Jan 10, 2013
01/13
by
CNNW
tv
eye 228
favorite 0
quote 0
few embody that ideal better than tim geithner. that's why when tim was thinking about leaving a couple of years ago -- [ laughter ] >> i had to personally get on my knees with carol to help convince him to stay on a little bit longer. and i could not be more grateful to carol and the entire geithner family for allowing him to make the sacrifices that so many of our cabinet members ask of their families in serving the country. the fact is while a lot of work remains, especially to rebuild a strong middle class and offer working folks new pathways to rise into the middle class, our economy is better positioned for tomorrow than most of those other countries hit by the financial crisis. the tough decisions tim made and carried out deserve a lot credit for that. so i understand that tim is ready for a break. obviously we're sad to see him go. but i cannot think of a better person to continue tim's work at treasury than jack lew. now this is bittersweet not only because tim's leaving, but also because jack's been my chief of staff for
few embody that ideal better than tim geithner. that's why when tim was thinking about leaving a couple of years ago -- [ laughter ] >> i had to personally get on my knees with carol to help convince him to stay on a little bit longer. and i could not be more grateful to carol and the entire geithner family for allowing him to make the sacrifices that so many of our cabinet members ask of their families in serving the country. the fact is while a lot of work remains, especially to rebuild...
110
110
Jan 11, 2013
01/13
by
CSPAN
tv
eye 110
favorite 0
quote 0
are acting as if tim geithner had the final say on all of this. they keep bringing up the $50,000 he owed in taxes is are redundant and old. was talk about some of the things he did right. it is so negative it. that is what is bringing this country down more than anything is the constant negative attitude. host: charleston, west virginia, republican line. caller: good morning. how are you? mr. geiger's legacy is that he was part of a team who came into office when this country was heading toward a fiscal chasm, an abyss, not just a cliff. he and his team pushed the gas pedal to the floor. i had a real opportunity to do something positive in this country and allow people to keep more of what they earn at. they did exactly the opposite. i cannot believe that these people who are doing this to our country are so stupid. they just do not know any better. i think they know exactly what they are doing. at least 51% of the american people voted not once, but twice to keep that gas pedal pushed firmly to the floor so that we go directly over the chasm and
are acting as if tim geithner had the final say on all of this. they keep bringing up the $50,000 he owed in taxes is are redundant and old. was talk about some of the things he did right. it is so negative it. that is what is bringing this country down more than anything is the constant negative attitude. host: charleston, west virginia, republican line. caller: good morning. how are you? mr. geiger's legacy is that he was part of a team who came into office when this country was heading...
40
40
Jan 10, 2013
01/13
by
MSNBC
tv
eye 40
favorite 0
quote 0
all signs point to president obama say i knowing him to replace tim geithner. and if he is nominated and confirmed, that will mean that our money might end up looking like this. because that is jack lew's signature on it. if he doesn't choose to tune up the legibility of the loop de loops like tim geithner did, our money mite look like this. what "new york" magazine described as a slinky that has lost its spring, republicans in washington are hinting that we won't actually have to worry about seeing jack lew's wacky signature on our money. they're saying he doesn't have to worry about changing the signature to it looks good on the money because he, jack lew, will never be the guy who has to actually sign the money. he will never be treasury secretary. potico.com today to be, quote, scoffing at the notion of jack lew as treasury secretary. mitch mcconnell is said to have been irked by mr. lew in the past. republican senator from nebraska, mike johanns called lew a controversial pick. the reasonable he is controversial is, quote, i think there are nick policies i
all signs point to president obama say i knowing him to replace tim geithner. and if he is nominated and confirmed, that will mean that our money might end up looking like this. because that is jack lew's signature on it. if he doesn't choose to tune up the legibility of the loop de loops like tim geithner did, our money mite look like this. what "new york" magazine described as a slinky that has lost its spring, republicans in washington are hinting that we won't actually have to...
136
136
Jan 12, 2013
01/13
by
CNNW
tv
eye 136
favorite 0
quote 0
tim geithner's legacy, he's going to be remembered the architect of too bid big to fail. he had the opportunity to go in and correct a lot of problems, restore fiscal honesty and transparency in the system and instead, they papered over the problem and threw a lot of money at corrupt failing institutions and they created these sort of monsters that now we have to publicly back even when they're laundering money for terrorists and drug dealers. >> you write an article like this, it give s youstrange bedfellows and puts you into bed with a lot of conservatives who say we shouldn't have had the bailout. >> i believe it should have been done differently with conditions. it should have been done in a way that encouraged rans parency instead of papering over problems. but i do believe this is an inherently conservative issue. i think there should be some linkage between liberals and conservatives because it's not partisan issue at all. >> it's a good read. matt's article called "secrets and lies of the bailout," a contributing editor with rolling stone. coming up, this hi-tech
tim geithner's legacy, he's going to be remembered the architect of too bid big to fail. he had the opportunity to go in and correct a lot of problems, restore fiscal honesty and transparency in the system and instead, they papered over the problem and threw a lot of money at corrupt failing institutions and they created these sort of monsters that now we have to publicly back even when they're laundering money for terrorists and drug dealers. >> you write an article like this, it give s...
383
383
Jan 10, 2013
01/13
by
FOXNEWSW
tv
eye 383
favorite 0
quote 0
on this bill you have tim geithner's signature because he's the treasury secretary. if lew is the next treasury secretary? it's over one document after another. you can get a pretty close-up look at it. there it is. image that on your dollar bills. that's how it would look like. tim geithner decided to clean it up before he came up with his signature. >> make it look more official. looks like an 8th grade girl's signature. >> makes a lot of doctor's signatures look legible. >> doug luzader thank you very much. >>> we have extreme weather striking the south this morning. >> janice dean is following us this morning. she is live. >> a spring lime storm moving through texas, louisiana. this is in towards mississippi where we have another tornado warning south of alexandria seeing strong rotation across doppler radar. this could be rain wrapped so people may not see this coming. this is a dangerous situation. severe threat in and around where we see the tornado watch until noon local time. that will stretch into mississippi throughout the day today. flash flooding also. w
on this bill you have tim geithner's signature because he's the treasury secretary. if lew is the next treasury secretary? it's over one document after another. you can get a pretty close-up look at it. there it is. image that on your dollar bills. that's how it would look like. tim geithner decided to clean it up before he came up with his signature. >> make it look more official. looks like an 8th grade girl's signature. >> makes a lot of doctor's signatures look legible. >>...
1,098
1.1K
Jan 10, 2013
01/13
by
FBC
tv
eye 1,098
favorite 0
quote 0
thanking tim geithner there. lori: we also have rich edson i believe on site who will check in a little bit later throughout the afternoon. we can't to keep you aprized of other day's headlines. a rise in jobless claims. that of course raising new questions about when the job market will show real strong improvement. ftn financial economist lindsay piegza breaks it down with tracy byrnes and ashley webster next here on fox business. don't miss it ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. ashley: good afternoon, everyone, i'm ashley webster. tracy: and i'm tracy byrnes. we have some breaking news. president obama task jack lew to be the new chief of treasury just in time for a critical battle over the national debt. he has one vocal critic in the senate
thanking tim geithner there. lori: we also have rich edson i believe on site who will check in a little bit later throughout the afternoon. we can't to keep you aprized of other day's headlines. a rise in jobless claims. that of course raising new questions about when the job market will show real strong improvement. ftn financial economist lindsay piegza breaks it down with tracy byrnes and ashley webster next here on fox business. don't miss it ♪ [ male announcer ] how do you make 70,000...
114
114
tv
eye 114
favorite 0
quote 0
fox news sources say that announcement to replace tim geithner could come by the end of the week. all but a done deal. but what experiences he had that would make him right for the job? the 57-year-old is not a veteran of wall street, not an economist. he is a lawyer, and, of course cannot politician. he began his career on capitol hill eventually becoming an adviser to former house speaker tip o'neill. his first foray into the world of money became in the boston office of management and budget. it was there president clinton, when the film brought into the national omb. he returned under president obama in 2010. look, a very different bio compared to geithner who came from a prominent role as president of the new york federal reserve which is a big deal. a major player during the financial crisis, and struggle to the bailout plan, no matter what you think of it. he was in the middle of things. the sign the president feels as treasury secretary will not be focusing on wall street, but, instead, will be smack dab in the middle of more drama in battles with congress. why else would
fox news sources say that announcement to replace tim geithner could come by the end of the week. all but a done deal. but what experiences he had that would make him right for the job? the 57-year-old is not a veteran of wall street, not an economist. he is a lawyer, and, of course cannot politician. he began his career on capitol hill eventually becoming an adviser to former house speaker tip o'neill. his first foray into the world of money became in the boston office of management and...
218
218
Jan 12, 2013
01/13
by
MSNBCW
tv
eye 218
favorite 0
quote 0
in tim geithner's america. as he prepares to exit the big question that hangs over the entire legacy of the obama r. oeg administration, is that a good thing? joining me is vice president at merryll lynch and deutsche bank and now a wall street activist. and a former special inspector general in charge of overseeing the troubled asset relief program. great to you have here. >> thank you. >> geithner, one of the things i think is really interesting about geithner is that he -- you would not, if you were in the betting market at the beginning of the obama first term, wount stha guy is going to be the guy who makes economic policy, this guy is going to be influential and go in the history books as one of america's most influential and important for better or ill treasury secretaries because he got a really bad start to the job. he stumbled out of the gate. he gave press conference that's were panned. he was not particularly close to barack obama. yet he managed to have by all accounts across the spectrum, tremendo
in tim geithner's america. as he prepares to exit the big question that hangs over the entire legacy of the obama r. oeg administration, is that a good thing? joining me is vice president at merryll lynch and deutsche bank and now a wall street activist. and a former special inspector general in charge of overseeing the troubled asset relief program. great to you have here. >> thank you. >> geithner, one of the things i think is really interesting about geithner is that he -- you...
57
57
Jan 10, 2013
01/13
by
MSNBC
tv
eye 57
favorite 0
quote 0
both tim geithner and jack lew speaking, tim geithner never i think his default position is his face it looks he never looks happy to be there. he may have been but he didn't look that way. jack lew i think got a very nice description from the president, low-key, someone that gets things done and what we hear about him. >> well, thanks to you, chris, our great thanks to ruth marcus and susan paige and elizabeth bue-miller. it was fun today. that does it for this edition of "andrea mitchell reports." tamron hall is here with a look at the next hour. >> we are following several big stories. coming up, the minister set to deliver the benediction at the president's inauguration withdraws after comments in the '90s of gay rights and referred to as the homosexual lifestyle. the inaugural committee said it was unaware of the minister's past. right now, vice president biden is meeting with the nra. the vice president says tuesday is the day, we can mark our calendars, he'll deliver the task force recommendations to the president. what might we see? >>> charlie rangel has harsh words for the
both tim geithner and jack lew speaking, tim geithner never i think his default position is his face it looks he never looks happy to be there. he may have been but he didn't look that way. jack lew i think got a very nice description from the president, low-key, someone that gets things done and what we hear about him. >> well, thanks to you, chris, our great thanks to ruth marcus and susan paige and elizabeth bue-miller. it was fun today. that does it for this edition of "andrea...
83
83
Jan 11, 2013
01/13
by
FBC
tv
eye 83
favorite 0
quote 0
but to depict the treasury secretary, generally speaking, it is a job that converts tim geithner will know what his politics were. wall street was comfortable with him. neil: layoffs were announced today with american express. >> well, look, it's the greatest thing the world that taxes will go up on 99% of the people. and spending will go unchecked. it's that our government. it's bad for our country long-term. that is exactly what we see, and you are seeing something similar act in 1824 when we had the jacksonians that they block whatever they were going to do. neil: there is something that touched her greatness. a greatness of the movie. hollywood sees this opportunity to do more of this type of stuff. is that true? >> more of what? >> one historical movies. neil: ben affleck was nominated for a movie he was an. >> in. >> yes, i think he has a career in movies. but not in politics. i think he is going to do well and do his next project. also don't forget that the director was snubbed for "zero dark thirty." neil: is that right? so hollywood could be reversing that. >> maybe they are
but to depict the treasury secretary, generally speaking, it is a job that converts tim geithner will know what his politics were. wall street was comfortable with him. neil: layoffs were announced today with american express. >> well, look, it's the greatest thing the world that taxes will go up on 99% of the people. and spending will go unchecked. it's that our government. it's bad for our country long-term. that is exactly what we see, and you are seeing something similar act in 1824...
93
93
Jan 9, 2013
01/13
by
MSNBCW
tv
eye 93
favorite 0
quote 0
when we began this fiscal slope, curve, cliff discussion, tim geithner was involved, there was a sense jack lew would be involved. they were marginalized towards the end, and as glenn mentions, vice president biden was the guy to sweep in at the last minute to make the deal. congressional republicans sound like they don't really want to work with him. is that a problem for the administration? >> yes and no. the administration has done this in the past, you bring in the heavy to close the deal. it's like when you're trying to discipline your children, don't wait till your father gets home, you can kind of keep jack lew in the background to bring in him. there's a view of having someone who's strong, lew is not a fist pounder. lew derives his authority and respect from the command of the issues, and i don't mean the command of the issues, i mean the command of the numbers. he can dig down, divide fractions in his head. that's why he's a danger and threat to some house republicans. this isn't meant to be negative about the house republicans. they don't simply have sort of the institutiona
when we began this fiscal slope, curve, cliff discussion, tim geithner was involved, there was a sense jack lew would be involved. they were marginalized towards the end, and as glenn mentions, vice president biden was the guy to sweep in at the last minute to make the deal. congressional republicans sound like they don't really want to work with him. is that a problem for the administration? >> yes and no. the administration has done this in the past, you bring in the heavy to close the...
172
172
Jan 10, 2013
01/13
by
CNBC
tv
eye 172
favorite 0
quote 0
and he doesn't have the experience in financial regulation that tim geithner brought to the job having head of the federal reserve bank of new york during the financial crisis. but jack lew is expected to be announced today. the pecked speculation about his replacement as white house chief of staff has centered in the last 24 hours around dennis mcdonna. sources tell me that dennis mcdonough is the chief candidate. ron biden has already been a contender. wool see whether the president pairs the announcement of a new chief of staff with jack lew's appointment today. >> so jack lew seems to have the nomination locked up. danny krugman is expected to be looked go ahead at for treasury secretary. >>> still, that's a subject for great discussion. now let's bring you up to speed with the action on today's global markets report. will i sixuan is with us. hi, sixuan. >> thank you, ross. that surprising number in trade data has helped beat sentiment in asia. the sensex index had a fresh 19-month high in trade before closing up .6%. airline stocks on upgrades. the shanghai composite finished in
and he doesn't have the experience in financial regulation that tim geithner brought to the job having head of the federal reserve bank of new york during the financial crisis. but jack lew is expected to be announced today. the pecked speculation about his replacement as white house chief of staff has centered in the last 24 hours around dennis mcdonna. sources tell me that dennis mcdonough is the chief candidate. ron biden has already been a contender. wool see whether the president pairs the...
99
99
tv
eye 99
favorite 0
quote 0
unlike tim geithner who never worked on capitol hill he has a sense how to get deals done in congress. secondly he comes from the liberal wing of the democratic party. i talked to him when i worked on my book about the budget, red ink, last year. he believes in the power of government. he is not going to be very sympatico with people like paul ryan who believe the whole role of the budget exercise is to shrink the government. three, he is realist, pragmatist. he understands if we don't do something to slow the growth of enlightment spending there won't be room to do all the things investment in infrastructure, all those things that matter a lot to the president and to jack lew himself. i suspect that he will be, spend nearly all his time on budget matters and he has a chance of being a deal-maker here, even though so far he hasn't been very successful in that. melissa: what does it mean in terms of the job the treasury secretary does? that if you are known to embrace, more liberal economic policies what would you expect practically to see him do? >> well, it's not the first time we ha
unlike tim geithner who never worked on capitol hill he has a sense how to get deals done in congress. secondly he comes from the liberal wing of the democratic party. i talked to him when i worked on my book about the budget, red ink, last year. he believes in the power of government. he is not going to be very sympatico with people like paul ryan who believe the whole role of the budget exercise is to shrink the government. three, he is realist, pragmatist. he understands if we don't do...
113
113
Jan 11, 2013
01/13
by
LINKTV
tv
eye 113
favorite 0
quote 0
the fdic in the room, tim geithner, chairman ben bernanke. we did not at that point need tarp. we were asked to, because we were told incorrectly, if nine banks take this tarp, we can stop the sysm from going down. we did not borrow from the federal reserve except when they ask us to. they said, please use these facilities. it makes it easier. we were not bailed out by aig. we may be would of had a direct loss of $1 billion or $2 billion if aig went down. >> you have a difference of opinion of many analyy s who felt the aig bailout did benefit you enormously. i'm not going into this. this is not your hearing. i'm asking you to respond to questions. i only have five minutes. >> that was oregon democratic senator questioning jamie dimon from jpmorgan. the significance? >> one thing that is interesting is this is what the about inspector calls -- calls for original sin. the moment in time went right after tarp was passed and the government elected to call companies that were unhealthy and insolvent, healthy and solvent. when they scrapped the plan to buy out troubled assets, tarp
the fdic in the room, tim geithner, chairman ben bernanke. we did not at that point need tarp. we were asked to, because we were told incorrectly, if nine banks take this tarp, we can stop the sysm from going down. we did not borrow from the federal reserve except when they ask us to. they said, please use these facilities. it makes it easier. we were not bailed out by aig. we may be would of had a direct loss of $1 billion or $2 billion if aig went down. >> you have a difference of...
149
149
Jan 9, 2013
01/13
by
CNBC
tv
eye 149
favorite 0
quote 0
he went with a guy who was to the left of tim geithner. he is there to execute the obama tax hike don't reform entitlements policy. >> that is a greaeat point. >> he is there to stabilize the debt. >> this is not a centerist appointment. th mr. geithner, i believe he was a centerist. >> why is he a financial market guy? >> he grew up as a banker. what about larry fink, he is a democrat and well respected by everyone. >> i have a list here. >> jamie diamond. ken chenault. >> you need someone who understands the fiscal books at a time like this. >> we disagree. we don't need someone who understands the books, we need someone who understands where we should go and where those books should take us. and i don't think he does. i don't think they understand fiscal policy better than jack lou. he got you guys a surplus back in the 90s. >> all established people in financial markets all distinguished people who command the respect of not only around here in the new york area but the whole g-20. this is going to be a bad mistake. it may be the haegl
he went with a guy who was to the left of tim geithner. he is there to execute the obama tax hike don't reform entitlements policy. >> that is a greaeat point. >> he is there to stabilize the debt. >> this is not a centerist appointment. th mr. geithner, i believe he was a centerist. >> why is he a financial market guy? >> he grew up as a banker. what about larry fink, he is a democrat and well respected by everyone. >> i have a list here. >> jamie...
126
126
Jan 10, 2013
01/13
by
MSNBCW
tv
eye 126
favorite 0
quote 0
this was about rescuing the people that tim geithner and larry summers who spent their entire lives around. these are the people that -- these wall street companies who were about to all go under if they didn't get billions and billions of dollars tomorrow, and that's what -- >> the political argument that would come from the white house, you hear this a lot when you talk to them privately, and they say publicly to a degree is that all the problems aside with the bailout, they'll acknowledge that things didn't work well, that the mortgage rescue or leaf operations were really bad. that's one of the things that obama says is one of his big regrets of his first term, but putting all that aside, if you didn't prop up the system -- they were basically held hostage. if they didn't prop up the system in some form, all credit would sort of seize up and those start-ups that you would like to see would be even lower and that, yeah, we got into a mess where we're tied into this casino, crazy system, and if you -- but if you let it fall apart by not having these phony bailouts, it's even worse. i'm j
this was about rescuing the people that tim geithner and larry summers who spent their entire lives around. these are the people that -- these wall street companies who were about to all go under if they didn't get billions and billions of dollars tomorrow, and that's what -- >> the political argument that would come from the white house, you hear this a lot when you talk to them privately, and they say publicly to a degree is that all the problems aside with the bailout, they'll...
127
127
Jan 10, 2013
01/13
by
KTVU
tv
eye 127
favorite 0
quote 0
tim geithner said he had to change his signature when he got the job to make it legible. >>> they are getting new information about the first homicide victim of 2013. it was outside of a house on tripoli avenue early sunday morning. they now identify him as ivan. they heard a loud argument and then several gunshots and he was pronounced dead at the scene. they are still searching for suspects and there is no word of a possible motive. >>> they now say people who live in san francisco, sonoma and contra costa counties can also participate. organizers will offer $200 for semiautomatic weapons and will also collect violent video games and if there is money left over, they will buy it back. they are at police headquarters in novato, san rafael and largos and at the substation. >>> they want the new bay bridge to have a state-of-the- art security system. the suggestion of 175 cameras will cost 3 million more than what the toll authorities expected to pay. they say there are more places for things to go wrong on the new eastern span. they also say the cameras would cover the roadways, the u
tim geithner said he had to change his signature when he got the job to make it legible. >>> they are getting new information about the first homicide victim of 2013. it was outside of a house on tripoli avenue early sunday morning. they now identify him as ivan. they heard a loud argument and then several gunshots and he was pronounced dead at the scene. they are still searching for suspects and there is no word of a possible motive. >>> they now say people who live in san...
104
104
Jan 10, 2013
01/13
by
WBAL
tv
eye 104
favorite 0
quote 0
hilda soleis announced she will be leaving, and jack lew will be nominated to replace tim geithner. >>> a developing story north of the border, residents in canada are pleading or outside help to rescue a group of whales trapped in sea ice. right now, the mammals are gathered around a single hole in the ice. the villagers are can go the canadian government to send an ice breaker quickly top a team from the canada fishery department is expected to arrive today. >>> now, for a look at the weather. it is kind of depressing, hopefully, they fare okay. dylan dreyer is here with the weather. >> thank you, good to be back. weatherwise, the east coast enjoying a really nice january thaw. in fact by the time we get to the weekend, temperatures wl be well above average perhaps as much as 20 degrees. right now, we're talking about a lot of rain and it's falling around louisiana especially. yesterday, we picked up two to three inches of rainfall across parts of eastern texas. now, that heavy rain is going to sit over louisiana, through arkansas and eventually push into kentucky and tennessee and
hilda soleis announced she will be leaving, and jack lew will be nominated to replace tim geithner. >>> a developing story north of the border, residents in canada are pleading or outside help to rescue a group of whales trapped in sea ice. right now, the mammals are gathered around a single hole in the ice. the villagers are can go the canadian government to send an ice breaker quickly top a team from the canada fishery department is expected to arrive today. >>> now, for a...
365
365
Jan 10, 2013
01/13
by
CNBC
tv
eye 365
favorite 0
quote 0
. >> and when tim geithner was picked, having worked closely with hank paulson at the federal reserve bank during the crisis, people were comforted by that. they said, well, maybe he's not so liberal. well, as it happened, larry summers was an advocate of more stimulus than others in the administration. so you can't necessarily read that much. events are going to dictate, i think, whether this president adapts his own view necessary a way that people interpret it as going to the center or not. but for the moment, he knows where he is and where he wants to go. and he's picking somebody who can help them achieve his agenda. >> you know, the thing you point out, that this is a situation where business leaders probably wanted one of their own, they may argue they want somebody in there looking for pro growth policies. but maybe more important is somebody who was very familiar with the financial markets. that was somebody that tim geithner created a lot of confidence because he knew the markets so well, knew the underworkings. and when there were big issues, you knew there was somebody who
. >> and when tim geithner was picked, having worked closely with hank paulson at the federal reserve bank during the crisis, people were comforted by that. they said, well, maybe he's not so liberal. well, as it happened, larry summers was an advocate of more stimulus than others in the administration. so you can't necessarily read that much. events are going to dictate, i think, whether this president adapts his own view necessary a way that people interpret it as going to the center or...
60
60
Jan 10, 2013
01/13
by
MSNBC
tv
eye 60
favorite 0
quote 0
tim geithner said he was forced to change his signature before it was fit to print. richard wolfe, when i was chief of staff at the senate finance committee, we of course had to confirm treasury secretary. and i had when i was all done -- this thing was run through the committee. and the question is when exactly is it going to be voted on, on the floor? because it was the floor vote, absolutely guaranteed. the matter of a crowded calendar. it is the floor vote that really does make you treasury secretary. and the guy was in there, doing the job. i kept getting the calls, when is it going to happen. i finally said, it is going to happen, don't worry. he said he wants to sign the money. it is a big deal, signing that money is a big deal. >> for every school child -- >> and -- it is going to come any day now. and you're appointed -- >> because i'm not going to go for senate. >> really? did you break that news? >> yeah, i just made that announcement. >> so you know, washington still in this day and age, 2013, still has the fetish of the signature. and it is not just the
tim geithner said he was forced to change his signature before it was fit to print. richard wolfe, when i was chief of staff at the senate finance committee, we of course had to confirm treasury secretary. and i had when i was all done -- this thing was run through the committee. and the question is when exactly is it going to be voted on, on the floor? because it was the floor vote, absolutely guaranteed. the matter of a crowded calendar. it is the floor vote that really does make you treasury...
122
122
tv
eye 122
favorite 0
quote 0
interesting how tim geithner in the book describes bob reuben. that will be a big wet kiss. >> good stuff, charlie. thank you so much. >> satellite operator dish launching a new dvr allowing subscribers to watch live tv from wherever their mobile device has connection. >> so happy about this one. we are live at the consumer electronics show with dish ceo joe clayton. ♪ [ woman ] if you have the audacity to believe your financial advisor should focus on your long-term goals, not their short-term agenda. [ woman ] if you have the nerve to believe that cookie cutters should be for cookies, not your investment strategy. if you believe in the sheer brilliance of a simple explanation. [ male announcer ] join the nearly 7 million investors who think like you do: face time and think time make a difference. join us. [ male announcer ] at edward jones, it's how we make sense of investing. at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporang a business you'd like to start. or questions about pro
interesting how tim geithner in the book describes bob reuben. that will be a big wet kiss. >> good stuff, charlie. thank you so much. >> satellite operator dish launching a new dvr allowing subscribers to watch live tv from wherever their mobile device has connection. >> so happy about this one. we are live at the consumer electronics show with dish ceo joe clayton. ♪ [ woman ] if you have the audacity to believe your financial advisor should focus on your long-term goals,...
133
133
Jan 11, 2013
01/13
by
CURRENT
tv
eye 133
favorite 0
quote 0
>> it's somewhat refreshing but in a way tim geithner was not of wall street either. he was not someone who went to work for a citigroup which lew did. >> bill: he was there as -- government official. >> geithner worked as head of the new york federal reserve which oversees the banking system. did go to work with citigroup. >> bill: oh, that's right. >> a number of people recruited by bob ruben. that is not itself any kind of indictment but the question does rise does he reflect the same sort of very restrained view, if you will, of regulation of wall street that i think geithner and ruben have over the years. and that's what we're going to find out. i wanted to point out in my article that, in fact, a lot of these rules are really being fought over right now and there is a lot of agitation among people who do follow this on capitol hill about the too big to fail problem. the fact that these banks the five or six biggest banks are larger than they were -- they've taken over a lot of businesses from other banks that have failed. the rule which is supposed to restrain r
>> it's somewhat refreshing but in a way tim geithner was not of wall street either. he was not someone who went to work for a citigroup which lew did. >> bill: he was there as -- government official. >> geithner worked as head of the new york federal reserve which oversees the banking system. did go to work with citigroup. >> bill: oh, that's right. >> a number of people recruited by bob ruben. that is not itself any kind of indictment but the question does rise...
170
170
Jan 10, 2013
01/13
by
KQED
tv
eye 170
favorite 0
quote 0
are written tim geithner's going to go down as one of our finest secretaries of the treasury. our economy is better positioned for tomorrow than most of those other countries hit by the financial crisis. the tough decisions tim made and carried out deserve a lot of credit for that. >> brown: at 57, lew is already a 30-year veteran of washington. he was a principal domestic policy advisor to house speaker tip o'neill in the 1980's, and negotiated with the reagan white house on social security and tax reform. later, he served two stints as the country's budget director, first under president clinton, then under president obama, before becoming white house chief of staff. today, in the east room of the white house, the nominee voiced his gratitude. >> thank you mr. president for your trust confidence and friendship. serving in your administration has allowed me to live out those values my parents ensiled in me and i look forward to continuing with the challenges ahead. >> brown: lew, and other top administration officials, face the immediate task of negotiating with republicans o
are written tim geithner's going to go down as one of our finest secretaries of the treasury. our economy is better positioned for tomorrow than most of those other countries hit by the financial crisis. the tough decisions tim made and carried out deserve a lot of credit for that. >> brown: at 57, lew is already a 30-year veteran of washington. he was a principal domestic policy advisor to house speaker tip o'neill in the 1980's, and negotiated with the reagan white house on social...
150
150
Jan 12, 2013
01/13
by
MSNBCW
tv
eye 150
favorite 0
quote 0
few embody that ideal better than tim geithner. >> tim geithner looks like he is about to explode with laughter listening to the president say that but the phrase is no peacocks, no jerks, no whiners. i mean jerks and whiners, we all get that. but the peacocks part here i think is a term of art. i don't think they mean peacocks in a generic way, i think they mean in a way that is specific to the treasury. here is what i mean. peacocks as birds are strutters, right? they puff their chests out. they like making a big show of their big fantastic feathers, and no offense to our corporate overlords, i'm aware that you can see one particular tiny little peacock often at the top of our screen right now while i am talking. in politics, the peacock metaphor means you are talking about somebody who struts and doesn't deserve to be strutting. someone who talks the talk, but doesn't really walk the walk. and in the case of the treasury in particular, the president's no peacocks line was put into further context when he went on in his remarks to introduce the new treasury secretary nominee just a f
few embody that ideal better than tim geithner. >> tim geithner looks like he is about to explode with laughter listening to the president say that but the phrase is no peacocks, no jerks, no whiners. i mean jerks and whiners, we all get that. but the peacocks part here i think is a term of art. i don't think they mean peacocks in a generic way, i think they mean in a way that is specific to the treasury. here is what i mean. peacocks as birds are strutters, right? they puff their chests...
75
75
Jan 10, 2013
01/13
by
FOXNEWS
tv
eye 75
favorite 0
quote 0
few embody that ideal better than tim geithner. that's why when tim was thinking about leaving a couple of years ago, i had to personally get on my knees with carol to help convince him to stay on a little bit longer, and i could not be more grateful to carol and the entire geithner family for allowing him to make the sacrifices that so many of our cabinet members ask of their families in serving the country. the fact is, while a lot of work remains, especially to rebuild a strong middle class and offer working folks new path ways to rise into the middle class, our economy is better positioned for tomorrow than most of those other countries hit by the financial crisis. the tough decisions tim made and carried out deserve a lot of credit for that. so, i understand that tim is ready for a break. obviously, we're sad to see him go, but i cannot think of a better person to continue tim's work at treasury than jack lew. now, this is bittersweet not only because tim is leaving, but also, because jack's been my chief of staff for the last
few embody that ideal better than tim geithner. that's why when tim was thinking about leaving a couple of years ago, i had to personally get on my knees with carol to help convince him to stay on a little bit longer, and i could not be more grateful to carol and the entire geithner family for allowing him to make the sacrifices that so many of our cabinet members ask of their families in serving the country. the fact is, while a lot of work remains, especially to rebuild a strong middle class...
65
65
Jan 10, 2013
01/13
by
WJZ
tv
eye 65
favorite 0
quote 0
are written tim geithner's going to go down as one of our finest secretaries of the treasury. our economy is better positioned for tomorrow than most of those other countries hit by the financial crisis. the tough decisions tim made and carried out deserve a lot of credit for that. >> brown: at 57, lew is already a 30-year veteran of washington. he was a principal domestic policy advisor to house speaker tip o'neill in the 1980's, and negotiated with the reagan white house on social security and tax reform. later, he served two stints as the country's budget director first under president clinton, then under president obama before becoming white house chief of staff. today, in the east room of the white house, the nominee voiced his gratitude. >> thank you mr. president for your trust confidence and friendship. serving in your administration has allowed me to live out those values my parents ensiled in me and i look forward to continuing with the challenges ahead. >> brown: lew, and other top administration officials, face the immediate task of negotiating with republicans on
are written tim geithner's going to go down as one of our finest secretaries of the treasury. our economy is better positioned for tomorrow than most of those other countries hit by the financial crisis. the tough decisions tim made and carried out deserve a lot of credit for that. >> brown: at 57, lew is already a 30-year veteran of washington. he was a principal domestic policy advisor to house speaker tip o'neill in the 1980's, and negotiated with the reagan white house on social...